Journal Article

Currency: time for change?

Abstract: Despite the increasing use of credit and debit cards and the emergence of various electronic payment instruments, currency remains king-at least for small-dollar-value transactions. The author examines the Federal Reserve's present role in providing currency and explores the challenges and opportunities in developing forward-looking currency policies.

Keywords: Payment systems; Money;

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1998

Issue: Oct

Order Number: 1